Resistance

Avalanche

Time

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Avalanche price prediction suggests a short-term pullback is possible in the coming months.</a> </li> 
 <li> <span>2</span> <a>AVAX price is trading near the yearly lows.</a> </li> 
 <li> <span>3</span> <a>Avalanche crypto price trades below the 50-day and 200-day EMA showcase downtrend.</a> </li> 
</ul> 
<p>Avalanche price prediction remains bullish till it sustains above $10.00. It suggests a short-term pullback rally is possible in the coming months. AVAX price is near to the demand zone and buyers are trying their best to rebound.&nbsp;</p> 
<p>Avalanche price is trading below the 50-day and 200-day EMA showcasing downtrend. However, the prices had gone far away from the EMA due to which a rally may trigger anytime.&nbsp;</p> 
<p>Recently, AVAX crypto price broke down the $12.00 support. It hurt the sentiments of investors and invites further decline.&nbsp;</p> 
<p>In the past few months, Avalanche prices have spent most of the time in the range between $12.00 to $16.00. Buyers tried to hold the price above the 50-day EMA. But due to the strong presence of sellers, slowly and steady prices declined and reached yearly lows.&nbsp;</p> 
<p>Avalanche price is trading at $10.90 with an intraday rise of 3.12%. The 24-hour volume to market cap is 4.30%. The AVAV/BTC pair is trading at 0.0004136 with an intraday rise of 4.15%.</p> 
<h2 class="wp-block-heading" id="strong-will-avalanche-price-take-a-u-turn-from-support-strong"><strong>Will Avalanche Price take a U-turn from support?</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh6.googleusercontent.com/5UmLshQyZ8zegg1iERhsCfN-3c-znWqv14mz93LOSK6dFVZvyJiLBcxJyrBoWTRI5vm_8bq-3W-X5GEAzNRercVb-K1s6iXUjasnpgtYQ3-IIZZX1GUZQZ5C-qF0S1CwdK-LDZbojYxCH-Qc6iY5JMg" alt="Avalanche Price Prediction: Will AVAX defend $10 and reverse up?"> 
  <figcaption class="wp-element-caption">
    AVAX/USDT daily chart by <a href="https://www.tradingview.com/x/Vz2FVDWr/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>Avalanche price prediction suggests relief rallies may trigger anytime from the lower levels. <a href="https://www.thecoinrepublic.com/?s=AVAX+price" rel="noopener noreferrer nofollow">Prices</a> are forming a bullish candle near crucial support showcasing buyers are active and trying their best to defend $10.00.&nbsp;</p> 
<p>On the other side, the crypto leader BTC price has dropped below the $28K support. It triggered negative sentiment all over the crypto market. Due to this AVAX prices might react negatively for a short period of time.&nbsp;</p> 
<p>Till AVAX crypto holds $10.00 the possibility of taking a U-turn remains high. Else, if the price drops below $10.00 then more downside will open.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-avax-price-analysis-on-weekly-time-frame-strong"><strong>AVAX Price Analysis on Weekly Time Frame</strong></h3>  
<div class="tradingview-widget-container">
  &nbsp;&nbsp; 
 <div id="tradingview_266e3"></div> &nbsp;&nbsp; 
 <div class="tradingview-widget-copyright"> <a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a> 
 </div> &nbsp;&nbsp; 
 <script type="text/javascript" src="https://s3.tradingview.com/tv.js"></script> &nbsp;&nbsp; 
 <script type="text/javascript">

  new TradingView.widget(

  {

  "width": 950,

  "height": 500,

  "symbol": "BINANCE:AVAXUSDT",

  "interval": "D",

  "timezone": "Etc/UTC",

  "theme": "dark",

  "style": "1",

  "locale": "en",

  "enable_publishing": true,

  "allow_symbol_change": true,

  "studies": [

    "STD;Supertrend"

  ],

  "container_id": "tradingview_266e3"

}

  );

  </script> 
</div>  
<p>AVAX price fell 10% in the current week and hit a low at $9.99. It formed a giant bearish candle on the weekly time frame. So, it will be interesting to see how prices react in the coming session.&nbsp;</p> 
<p>The MACD curve displayed a negative crossover and the histogram bar is red. It indicates bearishness.&nbsp;</p> 
<p>AVAX <a href="https://www.thecoinrepublic.com/?s=AVAX+price" rel="noopener noreferrer nofollow">crypto price</a> drops below the supertrend green line indicating sellers are strengthening their grip. However, the RSI at 28 denotes oversold territory due to which a short-term bounce is possible.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Avalanche Price Prediction remains bullish till the price sustains above $10.00. The recent downfall in AVAX crypto is due to a global sell-off. But, presently AVAX price is near the demand zone and the possibility of taking a U-turn remains high.</p> 
<h5 class="wp-block-heading"><strong>Technical levels</strong></h5> 
<ul> 
 <li>Resistance levels: $13.50 and $15.00</li> 
 <li>Support levels: $10.00 and $9.00</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

Avalanche Price Prediction: Will AVAX defend $10 and reverse up?

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Thecoinrepublic.com

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